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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Thai Baht/British Pound (FOREX:THBGBP)

Crossroads (+60) - THBGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid THBGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBGBP
Open High Low THBGBP Price Change
0.02160303 0.02160303 0.02160303 0.02160303 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term down The long-term trend has been DOWN since Jan 22nd, 2024 at 0.02207862

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2024 at 0.02152132

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.02139646

Smart Scan Analysis for THBGBP

Based on our trend formula, THBGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02160303 0.02160303 0.02160303 0.02160303 0.00000000
Prev. Close Volume Bid Ask Time
0.02160303 2024-06-22 16:44:14
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